Australian Capital Territory Current Acts

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UNIT TITLES (MANAGEMENT) ACT 2011 - SECT 33

Restriction on owners corporation during developer control period

An owners corporation for a units plan must not, during the developer control period, do any of the following:

        (a)     enter into a contract unless—

              (i)     the contract is disclosed in each contract to sell a unit in the units plan; and

              (ii)     either—

    (A)     the contract is for a period not longer than 2 years; or

    (B)     the ACAT authorises the corporation entering into the contract in accordance with section 33A;

Note     This section also applies to the engagement of a manager or service contractor under div 4.2 or div 4.3.

        (b)     other than with the approval of the ACAT under section 33A—change the rules of the corporation;

        (c)     approve the keeping of an animal in a unit unless the right to keep an animal was reserved in each contract to sell a unit in the units plan.



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